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We've arguably never had a chart that tells such an important story about Bitcoin mining and emissions.

This new chart, the result of 12 months research from the Digital Assets Research Institute (DARI) says: “Over 4 years, Bitcoin price and hashrate quadrupled, but emissions didn't grow", effectively ending the speculation that Bitcoin emissions will rise unsustainably in the future as the network expands.

www.batcoinz.com/p/issue-013-5-pretty-pictures-that

Layerjack (Onion Knight) 1y ago

What's the methodology for measuring the electricity consumption of bitcoin?

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Discussion

Daniel Batten 1y ago

Triangulates energy consumption days from hashprice index, CCAF and Blockware which are in broad agreement now.

Layerjack (Onion Knight) 1y ago

What's the error range/margin? 300%?

Daniel Batten 1y ago

They are all within 10% of eachother once you factor in PUE consistently across all measures. Cambridge energy consumption has improved a lot since they updated their miner mix in Aug last year.

Layerjack (Onion Knight) 1y ago

How is the error margin calculated? This precision requires knowing the exact hardware.